Big-Media Veterans to Start
Internet Investment Firm

Former AOL Chief Executive Jonathan F. Miller and former Fox Interactive Media President Ross Levinsohn have joined together to start an Internet company, according to people close to the situation.

General Atlantic LLC, a private-equity firm, has committed to back Messrs. Levinsohn and Miller's investments in Internet start-ups, these people say. General Atlantic in a statement said the two men had agreed to become advisers to the private-equity firm and declined further comment.